Well KNC is a significant player in this economy and they have a strong network to inform them of any upcoming events. This move would only confirm our worries that a massive event is going to happen soon that will move the price lower than anyone will expect without a realistic outlook of recovery.

Well KNC is a significant player in this economy and they have a strong network to inform them of any upcoming events. This move would only confirm our worries that a massive event is going to happen soon that will move the price lower than anyone will expect without a realistic outlook of recovery.

9000 bts will not cause too much of a price drop, let them dump them cheap and they will be hoovered up

How Ripple Rips you:"The founders of Ripple Labs created 100 billion XRP at Ripple's inception. No more can be created according to the rules of the Ripple protocol. Of the 100 billion created, 20 billion XRP were retained by the creators, seeders, venture capital companies and other founders. The remaining 80 billion were given to Ripple Labs. Ripple Labs intends to distribute and sell 55 of that 80 billion XRP to users and strategic partners. Ripple Labs also had a giveaway of under 200 million XRP (0.002% of all XRP) via World Community Grid that was later discontinued.[29] Ripple Labs will retain the remaining 25 billion"

Considering all the FUD about Bitcoin-XT and the block size hard fork this is not a bad time to hedge a bit and sell some BTC.

Maybe a bit, but 9000? thats insane. Those guys must be huge whales to be treating that kind of money like chump change.

Well, the fact that their business model requires foundry fabs, it would be expected that they'd have to have a decent amount.

At a minimum getting a working relationship with a company like TSMC to device-in/out and tape in/out requires a minimum investment of $5-10M. Assuming industry-specific working EBITDA would entail financials of at least $75M.

So really 9000 BTC isn't really all that "large" (but it still isn't something to sneeze at).